Safe Bulkers Inc. Strengthens Future Investments With 5th Annual Scholarship Awards

by THEFUTURE.TEAM

October 28, 2025

Commitment to Education and Social Responsibility

Safe Bulkers Inc., a New York Stock Exchange-listed maritime company, reaffirmed its long-standing dedication to education and social responsibility during its 5th annual scholarship award ceremony. Headed by CEO Polys Hajioannou and hosted at the company’s Limassol offices, the event underscored the company’s robust investment in nurturing talent within the maritime and technical sectors.

A Proven Legacy of Academic Excellence

Now in its fifth year, the Safe Bulkers Scholarship Programme has established itself as a renowned institution in Cyprus. The initiative is designed to support young scholars pursuing higher education in strategically important fields such as Naval Architecture, Ship Engineering, Mechanical and Electrical Engineering, Informatics, Cybersecurity, Artificial Intelligence, and Data Science. The programme also covers Maritime Law, Shipping, Trade, and Finance, thereby addressing a wide spectrum of industry needs.

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Rigorous Selection and Impactful Rewards

The recent award ceremony witnessed the attendance of influential figures including Zoe Polydorou, First Education Officer and District Inspector of Limassol, Yiannis Armeftis, Mayor of Limassol, and Yiannis Tsouloftas, Head of the Limassol EOA. For the 2025–2026 academic year, a stringent evaluation process led to the selection of ten outstanding students who met all academic and social criteria. Each awardee received a €10,000 scholarship, enabling them to pursue undergraduate or postgraduate studies at prestigious universities both in Greece and internationally.

Bolstering ESG Principles Through Education

Reflecting Safe Bulkers’ commitment to Environmental and Social Governance (ESG), the initiative emphasizes sustainable support for youth development and academic excellence. As the company stated, “It is our great honour to support students in their journey of knowledge and development.” The awards ceremony not only celebrated academic achievements but also set the stage for continued success and creative prospects among future industry leaders.

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Central Bank Of Cyprus Balance Sheet Reflects Strong Eurosystem Position

by THEFUTURE.TEAM

February 17, 2026

Overview Of Financial Stability

The Central Bank of Cyprus (CBC) has released its latest balance sheet, reaffirming its steadfast role within the Eurosystem. The balance sheet, featuring total assets and liabilities of €29.545 billion, underscores the institution’s stable financial posture at the close of January 2026.

Asset Allocation And Strategic Holdings

Governor Christodoulos Patsalides issued the balance sheet, which details the CBC’s asset composition under the Eurosystem framework. Notably, the bank’s gold and gold receivables amounted to €1.635 billion, providing a significant hedge and stability to its balance sheet. Additional asset categories include claims on non-euro area residents denominated in foreign currency at €1.099 billion, while claims on euro area residents in both foreign and domestic currency add further depth to its portfolio.

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The most substantial asset category, intra-Eurosystem claims, reached €19.438 billion, an indication of the CBC’s deep integration with its European counterparts. Furthermore, euro-denominated securities held by euro area residents contributed €6.587 billion. Despite a marked emphasis on these areas, lending to euro area credit institutions in monetary policy operations recorded no activity during the period.

Liability Structure And Monetary Policy Implications

On the liabilities side, banknotes in circulation contributed €3.218 billion. Liabilities to euro area credit institutions associated with monetary policy operations were notably the largest single category, totaling €17.636 billion. Supplementary liabilities included those to other euro area residents, which aggregated to €4.989 billion, with government liabilities playing a predominant role at €4.754 billion.

Other liability items, such as claims related to special drawing rights allocated by the International Monetary Fund at €494.193 million, and provisions of €596.571 million, further articulate the CBC’s exposure. Revaluation accounts stood at €1.643 billion, and overall capital and reserves were confirmed at €333.822 million, completing the picture of a well-capitalized institution.

Conclusive Insights And Strategic Alignment

The detailed breakdown illustrates the CBC’s sizeable intra-Eurosystem exposures, reinforcing its central role within Europe’s monetary landscape. With an asset-liability balance maintained at €29.545 billion, the CBC’s financial position remains robust, indicating a commitment to structural stability and strategic risk management.

This fiscal disclosure not only provides transparency into the CBC’s operations but also serves as a benchmark for comparative analysis among other central banks within the Eurosystem, highlighting the intricate balance between asset liquidity, regulatory oversight, and monetary policy imperatives.

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